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Independent Bank (INDB) Competitors

Independent Bank logo
$70.81 +0.02 (+0.03%)
(As of 11/20/2024 ET)

INDB vs. UCBI, CATY, IBKC, AUB, HTH, FHN, WBS, WAL, PNFP, and CBSH

Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include United Community Banks (UCBI), Cathay General Bancorp (CATY), IBERIABANK (IBKC), Atlantic Union Bankshares (AUB), Hilltop (HTH), First Horizon (FHN), Webster Financial (WBS), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), and Commerce Bancshares (CBSH). These companies are all part of the "finance" sector.

Independent Bank vs.

United Community Banks (NASDAQ:UCBI) and Independent Bank (NASDAQ:INDB) are both mid-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and risk.

Independent Bank received 81 more outperform votes than United Community Banks when rated by MarketBeat users. However, 54.80% of users gave United Community Banks an outperform vote while only 54.63% of users gave Independent Bank an outperform vote.

CompanyUnderperformOutperform
United Community BanksOutperform Votes
308
54.80%
Underperform Votes
254
45.20%
Independent BankOutperform Votes
389
54.63%
Underperform Votes
323
45.37%

82.3% of United Community Banks shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 0.5% of United Community Banks shares are held by insiders. Comparatively, 0.9% of Independent Bank shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Independent Bank has a net margin of 20.26% compared to United Community Banks' net margin of 13.36%. United Community Banks' return on equity of 8.04% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
United Community Banks13.36% 8.04% 0.94%
Independent Bank 20.26%6.74%1.02%

United Community Banks pays an annual dividend of $0.92 per share and has a dividend yield of 3.3%. Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 3.2%. United Community Banks pays out 59.7% of its earnings in the form of a dividend. Independent Bank pays out 49.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has raised its dividend for 14 consecutive years.

United Community Banks currently has a consensus target price of $31.50, indicating a potential upside of 13.19%. Independent Bank has a consensus target price of $69.50, indicating a potential downside of 1.85%. Given United Community Banks' higher possible upside, research analysts clearly believe United Community Banks is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
United Community Banks
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Independent Bank
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
3.33

In the previous week, Independent Bank had 8 more articles in the media than United Community Banks. MarketBeat recorded 8 mentions for Independent Bank and 0 mentions for United Community Banks. Independent Bank's average media sentiment score of 1.08 beat United Community Banks' score of 0.00 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
United Community Banks Neutral
Independent Bank Positive

United Community Banks has a beta of 0.9, suggesting that its stock price is 10% less volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500.

Independent Bank has lower revenue, but higher earnings than United Community Banks. Independent Bank is trading at a lower price-to-earnings ratio than United Community Banks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
United Community Banks$878.95M3.77$187.54M$1.5418.07
Independent Bank$683.06M4.41$239.50M$4.6015.39

Summary

Independent Bank beats United Community Banks on 14 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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INDB vs. The Competition

MetricIndependent BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$3.01B$3.16B$10.55B$8.82B
Dividend Yield3.18%3.50%10.16%4.07%
P/E Ratio15.3917.4049.1517.66
Price / Sales4.412.763,460.7574.22
Price / Cash11.4911.1530.4032.53
Price / Book1.071.322.754.68
Net Income$239.50M$405.80M$994.96M$226.08M
7 Day Performance-2.80%-1.21%-0.34%-2.03%
1 Month Performance15.01%6.08%1.82%0.07%
1 Year Performance25.35%33.93%23.76%24.61%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.1314 of 5 stars
$70.81
+0.0%
$69.50
-1.9%
+25.3%$3.01B$683.06M15.391,787Positive News
UCBI
United Community Banks
2.9462 of 5 stars
$27.83
flat
$31.50
+13.2%
+11.6%$3.32B$878.95M18.073,121Analyst Forecast
CATY
Cathay General Bancorp
3.692 of 5 stars
$50.75
-0.4%
$44.00
-13.3%
+36.8%$3.61B$1.31B12.781,246Dividend Announcement
Positive News
IBKC
IBERIABANK
N/A$43.08
flat
N/A+0.0%$2.27B$1.54B6.153,373Gap Up
High Trading Volume
AUB
Atlantic Union Bankshares
2.0764 of 5 stars
$41.23
-1.3%
$40.40
-2.0%
+28.2%$3.75B$1.05B14.451,804Positive News
HTH
Hilltop
4.8242 of 5 stars
$31.29
-1.4%
$34.50
+10.3%
+2.2%$2.03B$1.11B19.203,820Analyst Revision
Positive News
FHN
First Horizon
4.6144 of 5 stars
$19.88
-1.1%
$18.38
-7.5%
+61.4%$10.54B$3.17B14.417,378Positive News
WBS
Webster Financial
4.9127 of 5 stars
$59.55
-0.7%
$57.85
-2.9%
+36.2%$10.28B$3.94B13.504,261Analyst Downgrade
Insider Trade
Positive News
WAL
Western Alliance Bancorporation
4.7825 of 5 stars
$89.12
0.0%
$92.73
+4.1%
+80.0%$9.81B$4.32B13.753,260Positive News
PNFP
Pinnacle Financial Partners
4.5022 of 5 stars
$121.45
-1.0%
$108.70
-10.5%
+67.7%$9.47B$2.79B23.093,357Analyst Downgrade
News Coverage
CBSH
Commerce Bancshares
4.1095 of 5 stars
$70.97
-0.9%
$61.79
-12.9%
+42.7%$9.18B$1.95B18.484,728

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This page (NASDAQ:INDB) was last updated on 11/21/2024 by MarketBeat.com Staff
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